Cat L.
Can I Ask/Incentivise an Inherited Tenant to Sign My Lease?
We are in the process of purchasing a property with existing tenants and a 12 mo lease in Texas (Tarrant county). They are brand new to that property, so we (as well as the existing landlord) have no idea of their qua...
Michele G.
Delayed security deposit should I accept tenants or find new ones
4 tenants (students) were supposed to pay security deposit today for April 1 move in. I have not signed lease yet as I want all signatures, co-signers and security deposit in place. They just let me know they can pay ...
Hardik Joshi
While purchasing multi-family property, at what stage lease agreements are updated?
I am in process of buying one property and wanted to understand how lease agreements are transferred (or have owner name updated). Does escrow handle that along with holding rents/deposits etc? or it need to be clearl...
Tuan Tran
Low maintenance tenant, 1st late rent
Hello BPersBackground:I have a new-ish tenant (~6 months into the lease). Have been low maintenance, very courtesy family that seem overall very good people. During the evaluation process, this family didnt quite fi...
Melissa Harris
Can you refinance out of a hard money loan?
My business partner and I have found a great deal for a buy and hold but it definitely needs repairs. We would like to use a hard money lender to finance the purchase price and repair cost. I spoke to one this morning...
Min Lai
Which tennant is better
I currently have two applications:
1. A single man who just divorced and got debts from the divorce. He said his credit was serverly damaged by divorce, so he would like to prepaid 10K around 7 month rents but he don'...
Lee V.
Tenant wants to pay for a 6 month lease up front, should I do it
A 20 year old college student is wanting to rent my cottage for 6 months because she graduates this year and is planning on moving out of state. Her grandfather will be paying me the full amount up front. She is curre...
Mumu Shang
Bankruptcy Trustee Shortsale
Does anyone has experience buying Bankruptcy Trustee Short sales?I just started stepping my foot into Real Estate Investing. I'm interested in a short sale that is asking for 70,000. The value of the house after repai...
Casey S.
College Rental: Landlord-Tenant Dispute
Hi All, I have a landlord-renter dispute that I was wanting to run by you all to gather some input before I proceed further.
For some background, I bought a property in a small college town in July 18’ in which I inh...
Daniel Lujan
Security Deposit.....How much???
Hey All,
I was wondering about how much deposit to ask for?
Also, what is security deposit in " Certified Funds"???? What does certified funds mean?
Daniel